Elumelu, Dangote make Forbes Africa Person of the Year list

Eminent banker, Tony Elumelu, and business mogul, Alhaji Aliko Dangote, are among the five prominent Africans that have been nominated for the Forbes Africa Person of the Year award.
The three other persons on the list are Dr. James Mwangi, Joyce Banda and Stephen Saad.
The winner is to be decided by voting.
Thos who are interested in participating in deciding who becomes the Forbes Africa Person of the Year are to vote at www.forbesafrica.com.
Voting ends on November 1, 2012, with the programme for the crowning of the winner holding in Nigeria.
A statement by the organisers gave the nominees and their profiles as:
•Aliko Dangote: founder and president of Dangote Group. Motivation: Last year’s runner-up to Forbes Africa Person of The Year is still Africa’s richest man, worth more $11.2 billion. Dangote continues to be one of the continent’s biggest employers. He promises to donate most of his fortune to charitable causes upon his retirement.
•Tony Elumelu: founder and chairman of Heirs Holdings. Motivation: The multimillionaire grooms African business leaders and entrepreneurs through the Tony Elumelu Foundation. He is the leading advocate of Africapitalism, an economic philosophy that embodies the private sector’s commitment to Africa’s economic transformation through long-term investments.
•Dr James Mwangi: CEO and managing director of Kenya’s Equity Bank Limited. Motivation: Dr James Mwangi won the Ernest and Young Entrepreneur of the Year award 2012 as well as Africa’s Innovation Leader of the Year Awards in 2012. Equity Bank is planning to extend its financial services to Ethiopia when the country opens its banking industry for foreign investors.
•Joyce Banda: president of Malawi. Motivation: Banda, Malawi’s first female leader, has restored strained diplomatic ties with neighbors and the international community. Her administration has embraced investor-friendly economic policies: she cut her salary by 30%; sold the presidential jet and a fleet of luxury cars in an austerity drive.
•Stephen Saad: co-founder of the Aspen Pharmacare. Motivation: Saad is the biggest shareholder of the largest publicly-traded drug manufacturer, Aspen. The company has a market capitalization of $6 billion. Saad became a multimillionaire at 29. Now aged 47, he employs more than 6,000 people.